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Author Topic: Are you any of pump groups or Channel ?  (Read 593 times)
bayu7adi
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November 09, 2023, 03:32:01 AM
 #101

I hope you won't be promoting any crypto pump channels after this. Well... I don't have a pump group now, but I once joined one, and it was a bad experience for me. Regret is what keeps me away from free pump groups now, even though some members make quick money from them.

My personal experience with the pump groups I encountered on Telegram was that the pump information always arrived too late, just a few seconds before the pump, which usually lasted less than a minute. This caused panic and FOMO. My bad experience was buying when the price was already high, so there was no way to profit because the pumped coins were usually low volume. I never set high expectations for something I get for free on a Telegram channel. So, I've already prepared myself to assess whether pump groups are worth it for me.

I also came to the conclusion that pump groups are essentially scams. It's true that the prices go up at the specified time, but it's not the signal givers who pump, it's the people who fall for FOMO. I call it stealing money by manipulating emotions and FOMO. I lost interest in them since then.
BitcoinTurk
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November 09, 2023, 04:18:23 PM
 #102

I also don't understand why you keep joining those scam groups as it is easy to predict that they just want to scam you. They can only pump those low market cap coins and I don't see any benefit in it that is only a show-off. Newbies mostly close their ears and common sense when it comes to this kind of thing. They always think that they can gain profit that easily which leads to discovering it for themselves. You won't learn a lesson unless you experience it but at least we warned you.

Many people generally join such groups because they don't yet have experience. Although access to information is quite easy today, unfortunately many people don't do any research and unconsciously join such groups or channels. Such people prefer to gain experience by losing money rather than gaining knowledge by reading and since there are always such people the pump channels or groups continue to exist comfortably.

For example, the Ponzi system has been in our lives for centuries and unfortunately many people today lose money by participating in this system. Why? Of course, out of ambition to make easy money. Throughout human history there have always been people who want to get rich the easy way and there will continue to be such people. This is why this system continues to exist although it is quite well known today.

Telegram groups and channels created by several scammers similarly persist. This system is in ruins due to people who want to get rich the easy way and don't do any research on the system they dream of making money from.
gabbie2010
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November 10, 2023, 08:04:20 PM
 #103

Pump group? Man! You have to be careful, I have friends who have lost a lot from such groups. Although, I don't know how legit this one is, you have to be careful. Is best you get insights yourself from any coin you wish to buy. Even Binance, Bitget and some other exchanges do give insights into coins that do well. You can start from there if you wish
The advice you say is completely logical and not wrong because basically everyone has to rely on their own knowledge regarding anything, including trading. Pump groups can also play bad intentions and roles when they see that one of the participants has more money in it, so it would be wise for anyone not to rely on other people's thoughts in trading except based on their own thoughts on any coin on any exchange. And the loss that befell your friend can also be a good enough example for everyone to no longer trust any pump group.
I believe the OP was one of few investors or trader who is lucky with a pump and dump signal group of course there are other investors with bad experience with the same group but are not here to share their own experience, we just had to be extraordinary careful not to fall for this cheap propaganda or probably the OP is trying to promote the group here of which majority of forum members here wouldn't rely on other trading decision especially from unreliable source, notwithstanding the best bet is to make proper research and decide on the most credible and reliable coin to invest on rather than to join all those pump and dump signal group.

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Quidat
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November 11, 2023, 02:57:42 PM
 #104

I also don't understand why you keep joining those scam groups as it is easy to predict that they just want to scam you. They can only pump those low market cap coins and I don't see any benefit in it that is only a show-off. Newbies mostly close their ears and common sense when it comes to this kind of thing. They always think that they can gain profit that easily which leads to discovering it for themselves. You won't learn a lesson unless you experience it but at least we warned you.

Many people generally join such groups because they don't yet have experience. Although access to information is quite easy today, unfortunately many people don't do any research and unconsciously join such groups or channels. Such people prefer to gain experience by losing money rather than gaining knowledge by reading and since there are always such people the pump channels or groups continue to exist comfortably.

For example, the Ponzi system has been in our lives for centuries and unfortunately many people today lose money by participating in this system. Why? Of course, out of ambition to make easy money. Throughout human history there have always been people who want to get rich the easy way and there will continue to be such people. This is why this system continues to exist although it is quite well known today.

Telegram groups and channels created by several scammers similarly persist. This system is in ruins due to people who want to get rich the easy way and don't do any research on the system they dream of making money from.
Or simply they do really like on having that fast track thing on which they would rather be going in joining with those groups to fasten up the pace on learning trading on which we know that it isnt something recommendable on doing so but if its totally free then it wont really be that a bad consideration.The important thing on here is that you should really be able to learnt up even with those
basic principles of trading on how you would really be able to make trades even with just on your own. Usually these pump and dump groups are really that victimizing those newbies who are really that mostly be greedy on this kind of time on which they are most likely be able to make.

Better to trade on your own manually and never ever make yourself tending to look for these places. Trade on your own and learn on your own.
Viable sources of information could really be found online and its really just that a matter of effort and time you would really be needing to spent
so that you would really be that able to learn on your own which it would really be that helpful on long term.

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November 12, 2023, 06:06:04 AM
 #105

Im on with notourious powerpump team yesterday they pumped yfi i made nice profit with them.
Tell me your experince about pump ? My experinces are good to be honest most of money i Made with pump.
I remember when ETC pumped i Made from 10$ to 500$ in few hours i don't Understood why people don't like pumps it's really great i have made real money from pumps.

Today poweroump team will pump LTC let's see how high they send it


Pump and dumb schemes on traditional financial platforms are illegal, but yet many crypto currencies are unregulated, and dump and pump schemes are operating in gray areas. So honestly, I am not a fan of these trading techniques. And I advise you that there are no shortcuts, and don't believe something too good to be true; that's the lesson. Entering the pump and dumb scene is not trading; it's gambling. But some people think the opposite: if you spot a pump and get dumb very early, you can invest, ride the pump for a couple of profits, and leave before the "developers" sell their shares. So spot it early and avoid financial risks.

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